You borrow $225 for eight years of an interest rate of 6%. How much interest will you pay after eight years?
2 answers:
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The solution is mathematically given as
- P(X=3)= 0.17
Generally, the equation for the Probability of P(X=3) is mathematically given as
b)
Therefore
P(X=3)= 0.17
c)
a)
Read more about cumulative probability distribution.
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Step-by-step explanation:
The first expression is :
Numerator = -11×2 = -22
Denominator = 3
So, answer will be :
(negative)
The second expression is:
Numerator = -11×-2 = 22
Denominator = 3
So, the answer will be :
(positive)
Hence, this is the required solution.